• AIA Engineering, Gujarat Fluorochemicals, Chalet Hotels, and Chambal Fertilisers & Chemicals are trading with rising delivery volume.

• Bharat Forge is rising as the industrial machinery company receives an emergency procurement order worth Rs 178 crore from the Indian Ministry of Defence.

• Heranba Industries' Rs 625 crore IPO is 65% subscribed. The agrochemical company raised Rs 187 crore from anchor investors on 22 February.

• Gujarat Narmada Valley Fertilizers & Chemicals, Indus Towers, Rain Industries, and Oil India hit a new 52-week high.

• Savita Oil Technologies' board announces a buyback of 2.5 lakh equity shares at Rs 1,400 per share, amounting to Rs 35.1 crore.

• Metal major Hindalco Industries' management expects to generate $1.2 billion (~ Rs 8,600 crore) in annual cash flow after accounting for its working capital requirements and capex plans.

• Nirmal Bang in a report on the banking and financial services sector maintains a 'Sell' rating on Yes Bank and Bajaj Finance.

• ICICI Bank trims its stake in Gammon Infrastructure Projects by 2% selling 1.9 crore shares in the company.

• Nifty Realty opens higher led by strong gains in Phoenix Mills, Prestige Estates Projects, Brigade Enterprises, and DLF.

• Heranba Industries raises Rs 187 crore from anchor investors ahead of its IPO. The agrochemical company's Rs 625 crore public offering opens on February 23.

• Nifty 50 was trading at 14751.45 (75.8, 0.5%) , BSE Sensex was trading at 49864.60 (120.3, 0.2%) while the broader Nifty 500 was trading at 12289.05 (76.5, 0.6%)

• Market breadth is highly positive. Of the 1578 stocks traded today, 1215 were gainers and 298 were losers.

Riding High:

Largecap and midcap gainers today include Tata Steel Ltd. (735.30, 7.41%), The New India Assurance Company Ltd. (162.85, 7.35%) and Tata Motors Ltd. (324.40, 6.54%).

Downers:

Largecap and midcap losers today include Dr. Lal Pathlabs Ltd. (2287.55, -4.49%), Bank of India (83.30, -4.47%) and Indian Overseas Bank (15.60, -4.29%).

Crowd Puller Stocks

15 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Sudarshan Chemical Industries Ltd. (549.15, 9.84%), Rain Industries Ltd. (155.15, 8.53%) and Cochin Shipyard Ltd. (380.20, 7.71%).

Top high volume losers on BSE were IOL Chemicals and Pharmaceuticals Ltd. (555.75, -1.51%), KSB Ltd. (660.65, -0.47%) and Procter & Gamble Health Ltd. (6969.15, -0.44%).

Westlife Development Ltd. (486.05, 6.99%) was trading at 10.0 times of weekly average. Sonata Software Ltd. (480.35, 3.02%) and Johnson Controls-Hitachi Air Conditioning India Ltd. (2493.20, 1.38%) were trading with volumes 7.3 and 4.5 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

29 stocks took off, crossing 52 week highs,

Stocks touching their year highs included - Adani Ports & Special Economic Zone Ltd. (664.30, -1.41%), Indus Towers Ltd. (272.00, 2.12%) and Cummins India Ltd. (804.40, 4.97%).

5 stocks climbed above their 200 day SMA including Natco Pharma Ltd. (820.05, 3.19%) and Ujjivan Financial Services Ltd. (237.00, 2.20%). 9 stocks slipped below their 200 SMA including Godrej Consumer Products Ltd. (681.20, -2.61%) and Caplin Point Laboratories Ltd. (468.25, -1.54%).